Examples of Intercompany Liabilities in a sentence
For the purposes of this Agreement, the “Net Value of the Partnership” prior to Closing means the Current Value of the Partnership, less all Intercompany Liabilities of the Partnership (which will be fully repaid on Closing to the Corporation, HWDM, and the Selling Entities, as applicable).
Manchester shall deliver to Bitwise the Manchester Promissory Note in payment of the Intercompany Liabilities.
If the Actual Intercompany Liabilities Notice provides that the Actual Intercompany Liabilities are less than the Estimated Intercompany Liabilities, then Seller shall pay an amount in cash equal to the aggregate amount of such difference to RFS within one Business Day after Purchaser’s receipt of the Actual Intercompany Liabilities Notice.
At or prior to the Closing, all existing Intercompany Liabilities owed by or to AVLIC or AIC shall have been paid or accrued.
Seller shall cause RFS to pay Seller in full all Estimated Intercompany Liabilities on or before the RFS Closing.